Report on Informative Session on 'Rupee in Crisis'

The Commerce Society of Hansraj College organized an Informative Session on the Topic ‘Rupee in Crisis’. It consisted of a group discussion and question hour session on the topic for first year students. It was the first time, that the society took such an initiative.

Date: 28 October 2013

Time: 12:20 PM

Venue: Seminar Room

The colloquy was initiated by Shubham, a member of Commerce Society, who threw light on the fluctuations in the value of rupee over the years. The students actively responded to the points put forth by him. This was followed by Shivi and Pratibha, members of Commerce Society, briefing the students on the causes and impacts of rupee depreciation and critically analyzing the measures taken by the RBI to control the falling rupee. 

Well engrossed, the students asked several questions to satisfy their queries and indulged in a brain storming discussion. Then, there was a question hour round wherein the students were asked questions on the Indian Economy. Finally, Saksham and Ruchika were awarded certificates of appreciation and prizes for being the most active participants.

The event culminated with a vote of thanks delivered by Mani Bansal, president of the Commerce Society. The program, thus achieved its objective of enlightening the students, who were full of praise and appreciation.

- By Shaurya and Sirjan

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Report on 'Corporate Social Responsibility' Seminar

The Commerce Society of Hans Raj College organized a seminar on ‘Business Ethics, Corporate Responsibility and Organizational Transformation’. 

Date: October 23, 2013.

Venue: Seminar Room

Time: 12:30 P.M

The Seminar was organised for the first and second year students. Also present there was the staff of Commerce Department. The Chief Speaker was Prof. K.V. Bhanu Murthy, Faculty, Department of Commerce, Delhi School of Economics; Delhi University. He himself is an alumnus of Hansraj College and did Economics honours (1968-1971). Sir has demonstrated excellence across teaching, research and service for many years.

The event commenced with a speech by the Principal, Dr. V.K. Kawatra and felicitation of the Speaker and the Principal, Ms. Beauty Das, Convener of Commerce Society. Prof. Murthy then started with the presentation on Business Ethics to develop an understanding and to get over with the hazy notions on the theme. His main focus of the discussion was corporate governance, corporate social responsibility and environmental accountability.

The students were so engrossed in the seminar that they raised quiet challenging questions and clarified their doubts. This was followed by a discussion among the students, teachers and the chief speaker.

The program ended with a vote of thanks by the society members and the convener. The seminar was a huge success. Commerce Society, once again demonstrated effective team management and established a new benchmark for its success. We wish to organize more such events in future.

-        -  By Shaurya and Sirjan

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Report on Leadership Seminar

The Commerce Society, Hans Raj College organized a Seminar on “Leadership” for the first year students .

Date: October 18, 2013.

Venue: Seminar Room, College premises

Time: 12:20 P.M.

Topic: Seminar on ‘Leadership’

The seminar was conducted by Professor Jean Saldanha, Faculty IBS Gurgaon.  She holds a long experience in teaching and its effect could be felt in her words. Prof Saldanha was welcomed by our convener Ms Beauty Dash and other teachers present.

As soon as the seminar started the professor asked the students to give  examples of leaders from different fields. All the students enthusiastically listed out famous leaders like Indira Gandhi, Aung San Suu Kyi, Sachin Tendulkar among others.

To make the seminar even more interactive Professor Saldanha also asked the students to illustrate some qualities of a leader like humility, integrity, calmness etc. She also displayed a power point presentation to make the session more interesting for all students. Professor Saldanha then carried out a unique activity to stress that leadership is a complex process. The activity involved the students to explain one quality of a leader and illustrate it by a live example, while tying a thread to their finger. At the end of this activity, a web of thread had been formed in the centre of the room which depicted how leadership is a complex phenomenon.

This was followed by a quick round of debate where students debated on the topic  ‘Are leaders born or made’. Two teams were made, where three students were randomly picked for each team. They enthusiastically spoke and finally, the winners were chosen. The team supporting the notion ‘leaders are made not born’ won by a close margin.

In all, the session was very interactive and gave an insight to students as to how one can be a good leader. The seminar was a huge success due to the hard work of the society members and guidance of our teachers. We wish to organise more such successful events in the future.

-By Aakriti Mehra

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Report On Freshers' 2013

DATE    :  October 1, 2013

TIME     :  12.30 p.m.

VENUE  :  College Auditorium

 The much awaited Freshers’ 2013 welcome ceremony is finally here! The venue was decorated flawlessly by the creative team headed by Seenia Thukral. The beautiful posters attracted everybody’s attention.

We gladly invited all the bubbly and chirpy first year students to celebrate their admission into the institution of their dreams-the place where they will be spending the four most crucial years of their lives, the place where their crystal would but be moulded to fit into the Corporate world, the place which would decide their destiny.

The theme of the Freshers' was "CHILDHOOD ASPIRATIONS" implying that the freshers would come dressed  as the person they wanted to become when they were young. All the Students made an effort and came dressed, widely ranging from a businessman to Army Officer to Photographer.  The freshers came in full spirit, they were not just happy and excited, but were enthusiastic about complete participation in all the events scheduled for the day. 

The anchors Shaurya and Ishmeet, commenced the event. Mani Bansal, President, Commerce Society, Hans Raj College opened the event by enlightening the juniors with his words of wisdom and instilled in them the spark to leave no stone unturned in the coming four years of their college life. His words received appreciation from one and all.

The function started on an auspicious note by lighting the lamp of learning. The honours were done by our Principal, Dr. V.K. Kawatra, our H.O.D, Mr.Bharat Bhushan, our Convenor, Ms.Beauty Dash, other teachers, our President Mani Bansal and our Vice President Ishita Bansal.

Then Bharat Bhushan sir enlightened us with his words of wisdom and told us about how these four years were one of the most crucial time in our life.

Later our Principal Dr. V.K. Kawatra enlightened us with his valuable teachings. He emphasized on travelling that extra mile to turn our dreams into reality.

Followed by the words of a true teacher, our performances included :

1. A "Musical Performance" performance by Chitresh Bhatt and Prashant Hirwani, II year students. They left the audience truly excited and asking for more.

2. An energetic dance by Archita Garg. She mesmerised the crowd with her sizzling moves.

3. All the Freshers of B.com hons, Section 1, entertained the audience with their group performance. They sang various songs like ‘Yaaron Dosti’ and the audience cheered one and all.

4.  The music band, comprising of four versatile musicians- Tenzing Lagyal, Ajati, Izaz, Tempel with a great taste for guitar, sang a combination of Hindi and English Songs and had everybody's hands in the air.

5. Another sensational performance by a group of girls and boys comprising Rishabh, Anil, Sunishtha, Aanchal, Shivani and Shubham, even though some of them were freshers, they came in full spirit. They performed really well and the audience was enthralled.

6. A bhangra performance by Waras made a spectacular contribution to the fun and fraulic of the show.

The stage was taken over by Abhinav and Pranay and Shriya who did a fantabulous job in keeping the audience engrossed. The kept the momentum of the event going with their witty lines.

The first round of the Mr. & Miss Freshers' was a 30 seconds introduction round wherein they briefed the audience about the dream they had and why they always dreamt of becoming so. All the students were given a memento, to mark the beginning of a new journey and welcome them to the College.

Our esteemed judges for the contest were Ms.Sonal Gupta (Assistant Professor, Dept. of Commerce) and Ms.Deepshikha  (Assistant Professor, Dept. of Commerce ) who did a commendable job in shortlisting 10 girls and boys for the final round of the Freshers'.

Damandeep, Garima, Uday, Ruchika (From left to right)

The final round was a dance and question answer round amazingly hosted by Sonika and Abu where all the shortlisted candidates participated with all enthusiasm. They made the audience roll over their bellies with their stint. Our technical Team definitely deserves a mention for the well coordination of the Sound Management.

The well deserved titles were given to the four best performers of the day:

Mr. FRESHER : Uday

Ms FRESHER: Garima

Mr. BEST DRESSED :  Damandeep

Ms. BEST DRESSED : Ruchika

The Food Management was handled in an effective manner by the Event Management Team headed by Dhruv Goel. The students were overwhelmed by the courtesy and affection with which team served Dominoz Pizza and the soft drink.

The much awaited freshers ended with a sweet vote of thanks.
The Commerce society wishes all the best to the first years for all their future endeavours. We hope to that the next 4 years of the college life moulds them into personalities who are all set to ablaze the Corporate world.

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Biz Quiz Savant

The Commerce Society, Hans Raj College commenced with its series of monthly events for the academic year 2013 – 2014 on 27^th September 2013 with ‘The Biz Quiz Savant : A Business Quiz Like No Other’.

Venue: NR 4, College Premises.
Time : 1.00 PM

The competition comprised of three rounds, the first round being a quiz of 30 questions. The questions for the round were interesting, unique and planned in a manner that tested the students’ knowledge in all spheres 60 students, in teams of two, participated and only twenty made to the next round.

The round consisted of questions divided in seven categories:

·          Academics

·          Branding

·          Guess the person,

·          Guess the company,

·          Finance,

·         General knowledge, and

·         E-business

The teams were given preference according to their scores, and one after other they had to select categories. After the selection, a question was asked from the topic they selected, while every category had the ceiling of three selections. Only 30 seconds were provided to answer every question. This round really tested their mettle, as apart from knowledgeable in the particular area they also had to be quick. Finally, the top 2 teams proceeded to the third round.

This round was really different, and the first of its kind. The two teams were given a symbol – O and X. For every right answer they give, they had to put their symbol on the tic-tac-toe – a grid with 9 spaces. The team who joined three symbols first would be winners. This round was the true show-stealer. The questions were fantastic, and the suspense unbearable. The added smartness to be used in the grid truly required each participant to give their best.  The groans and applause from the audience ensured that every one of us was equally invested!

The winner were:

Shraishth Jain and Arnav Jain

Runners up:
Piyush Poddar and Sunishtha Joshi

The huge success of the event could not have been possible without the guidance of our teachers and seniors, hard work of the organisers, and the enthusiasm of the participants. Once again, The Commerce Society established a new benchmark for its success.

We congratulate the winning teams, and hope to organise more such events in the future.

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Report on Companies Bill Seminar

Date: Feb 19, 2013

Venue: College Seminar Hall

A seminar on Companies Bill, 2012 was organised by the Commerce Society for the first years following their subject Corporate Law.

The entire batch seemed to be present and were excited to learn more about a topic in their course. 

The speaker for the day was Mr. J.P. Sharma, Professor of Law & Corporate Governance, Dean, Faculty of Commerce & Business, Head, Department of Commerce, Delhi School of Economics, University of Delhi.

He was warmly welcomed by our HOD, Mr. N.K. Jain and other teachers present. 

Sir started his presentation by explaining where the concept of Companies Act came from. Going back to the 11th-13th century, we were introduced to GUILTS, the trade monopolies and to the two types of issuers. The basic question about the difference between a Company and a Partnership was highlighted and the answer was - Liability and Mutual Agency. It was interesting to know that the Companies Act was conceived, born and brought up in England!  Surprisingly, our laws are a copybook of their provisions. We got to know that the major development or changes took place during the time of the EIC (East India Company) under the rule of Queen Elizabeth I. As a part of current affairs, last year the EIC was bought by an Indian in the UK. 

In the year 1844, the concept of a Joint Stock company was introduced, while in 1862, it was removed. The year 1948 saw the full fledged Companies Act.

The need for Companies Bill arises because of focused attention on Corporate Governance. The Satyam scandal in Jan 2009 brought about major changes in the legal outlook. The fiasco took everyone by surprise and the introduction of this bill became inevitable. From 30,000 to a sprawling 9.5 lakh companies in India, the development has come a long way. The bill was first suggested in Oct 2008, next action in Aug 2009, in 2011 and has finally been passed by the Lok Sabha on Dec 18, 2012. The structure of the bill consists of 658 sections, 470 clauses and 7 schedules that support the  main bill. The main highlights of the bill are the 33 new definitions, it's purpose to promote small business and the mention of an Associate Company. 

The new components are the Key Managerial Process, CEO, CFO, Officer in Default, Promoter, Uniform Financial Year, Entrenchment Procedures, Registered Office of the Company, Prospectus, the sources of finance and the irredeemable shares.  

The Bill talks about the manner of selection of the independent directors, their duties, Boards Meetings and Committees and the AGM. 

Initiatives have been taken to shift processes online including the registration of companies, maintenance of books of accounts, the issue and circulation of shares etc. A Code of Conduct has also been mentioned. Secretarial Standards have been brought out, duties have been casted upon the Company Secretaries, stringent punishment for failure of distribution of dividends and Class Action suits with the invent of Serious Fraud Investigation Office. Insider Trading has also been prohibited with imprisonment and fine.

Prof. Sharma really added a lot to our knowledge and learning. The house was also open to queries and questions. Mr. Bharat Bhushan, Professor, Commerce came up with his sense of humour, questioning why an attempt to change the law results in the change of the government, why illiterates get yo become chairpersons and why AGMs are not held only on Sundays! Students present also came up with their curiosity.

The Seminar ended by felicitating the winners of a monthly event- The Brainy Ericture, Mahvish Hamid and Richa from the first year.

Prof Sharma congratulated the winners.

The Commerce Society strives to achieve excellence in whatever it does and welcomes suggestions for future events.

- Shaurya Gahlawat

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Report on GST seminar

Following the tradition of Monthly Events and imparting knowledge in the form of interactive sessions, the Commerce Society organised a Seminar on the Goods and Service Tax, better known as the GST for the third year students.

Date: Jan 21, 2013

Venue: Seminar Hall, Hans Raj College

Event: Seminar

Topic: Goods and Services Tax

The speakers for the session were Mr. Gautam Ray, member of the task force on Indirect taxes, former Joint Secretary in Tax research unit, consultant to the department of revenue for the policy framework of GST in India and Mr. J.K. Batra, Advisor ,Taxation in Federation of Indian Chamber of Commerce & Industry(FICCI), Former member of the Central Board of Excise & Custom.

They were warmly welcomed by our HOD, Mr. N.K. Jain. The Cultural team head, Esha Aggarwal introduced them and the topic in brief. 

Mr. Ray started talking to the students by explaining why the country needs GST, inspite of having the VAT as well as other taxes that might correspond with the proposed.The decision is pending, but it's comprehensive nature would help replace many indirect taxes. It's concurrent implementation would bring about a lot of change in the present scenario of the Indian economy. He elaborated on the two types of taxes: the ones levied by the Union List and the ones by the State List. The taxes on manufacture of goods are regulated by the centre and those on sales are by the state. The main issue talked about was the "cascading effect of taxes", which is repeated taxation during the manufacture processes. The GST, would help stop the present scene and tax upon only the value added to the base product, therefore the purpose being to avoid double taxation. It would be a self regulating mechanism and would enhance competitiveness. When goods are exported, tax must not be exported!  Mr. Batra added by giving the example of how a hike in petrol prices by the centre affects the price even in different states due to disparity in VAT. The working of the Cenvat credit Scheme was also highlighted.  The deficiencies in the current taxation system demand a new, efficient and reliable working. 

It was also mentioned that at many places government intervention is a must. The well read and experienced speakers helped us increase our knowledge and awareness levels to an extent that was based on the applicability of concepts. The basic ingredients of GST made us realise a few facts that couldn't have been thought of. Examples such as the payment of property tax, luxury tax, APML fees, crude products, stamp duty opened new doors of thought and curiosity. The seminar ended with the impacts of GST which included black money, employment generation, exports and revenues. The speakers also raised a prominent point about honest tax paying and it's benefits. The session closed with an interesting example of how even a petty product like a plastic water bottle has taxes levied on every single effort made!

The mention about the introduction of GST in other countries was icing on the cake.

The interaction was then open to all the students for their doubts or comments. The house was full of inquisitive questions. Even the teachers participated with full enthusiasm. 

The seminar ended on a beautiful note, wherein the speakers were honoured with tokens of appreciation. We hope to organise more such events where students and teachers get to share a platform, talking about issues on a greater level.

- Shaurya Gahlawat

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WHEN CHINA SNEEZES

The Chinese government reported its lowest quarterly GDP growth in three years, with second-quarter GDP growth at an annual rate of 7.6 percent. This deceleration in China can have a severe impact on global gross domestic product growth, as the nation is now the single largest contributor to global economic growth as also stated by the International Monetary Fund. The nation's contribution to global economic growth over 2010-13 is expected to rise to 31 percent, up from just 8 percent in the 1980s.

“China can transmit real shocks widely,” the International Monetary Fund said in a recent report, “whether these originate domestically or elsewhere.”

The blow is being felt all across China. Car dealerships are bursting with unsold automobiles, warehouses are groaning under mountains of unsold goods, and millions of apartments remain vacant. To liquidate inventories, companies are engaging in vicious price cutting wars. The latest data shows that export orders are falling at their fastest pace since the 2008 crisis. Cutbacks in import orders by Chinese firms are now spreading gloom to three continents.

One of the most important linkages of the Chinese economy to the rest of the world is via trade, and it is here that the slowdown is expressed most clearly. The latest figures show that the boost in exports almost ceased in July, rising by only 1 percent, well below market forecasts and the 11.3 percent increase in June.

A breakdown of the export figures reveals that, far from providing a source of stimulus to the rest of the world, the Chinese economy is being dragged down by the recessionary currents in all of the major capitalist centers. Exports from China to the euro zone have shrunk by 16 percent over the past year. Exports to Italy, for example, plunged by 36 percent.

The lower Chinese demand can give the hardest blow to Asian economies that supply industrial components to its vast manufacturing industry, as well as exporters of oil, iron ore and other commodities such as Australia and African nations. Chinese imports of steel, copper and oil have declined by volume over a year ago.

Major exporters of raw materials to China, in particular Australia and Brazil, will also be impacted. An official of the Brazilian iron ore exporter Vale declared that the China slowdown meant the “golden years” were gone. This company, which shipped about 44 percent of its iron ore and pellets to Chinese steel producers in the second quarter of this year, declared a 59 percent fall in its profits.

Economies such as Australia, which sends a quarter of its exports to China, most of which are iron ore, have felt the slowdown acutely. Germany, Europe’s export engine, which sells much of its machine tools and equipment to China, is experiencing a drop in GDP growth.

Even while the U.S. continues to bear the aftermath of the European crisis, this slowdown creates yet another weight on the American economy. It's not that China is a major consumer of U.S. goods; though U.S. exports to China have grown more than six-fold since 2000, shipments to China still only account for around 7 percent of total U.S. exports. Rather, China's consumption of goods like raw materials from around the world promotes growth in the global economy. When that consumption slows, the effects can easily find their way back to U.S. shores.

There is a knock-on effect that will affect places like Korea, Latin America, and Brazil. In particular, when all of those affected countries suddenly find it harder to buy U.S. goods, it will help to drag down an already-anemic recovery.

                                                By Mahvish Hamid

Section 1

B.Com.(hons.) Ist Year

First Position

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BRAND GETS HEALTH CONSCIOUS

A diet coke or a coke?? A simple corn flakes pack or Kellogg’s corn flakes claiming to make people slimmer in one week?? Which one would u prefer??Definitely the one which is healthier-this is where a business strategy changes. 

Growth in education and lifestyle diseases have increased consciousness among consumers about their health .This sense of awareness have taken a toll over consumer’s taste buds. Research indicates that consumer preferences are changing from a product which is beneficial to their pockets to a product which is beneficial to their health. For a consumer if a tetra packed product costs twenty rupees more does not bothers him as today he is more concerned about his health not the price of the product. Although price is a major factor that a consumer looks upon while purchasing a product but this phenomenon is now changing very fast .All credit goes to the advertising world. Adds on television are deriving consumers to become health conscious. Companies are claiming that their products are organic, no cholesterol, suitable for diabetics, antioxidant, bone health, added calcium, fibre, gluten free. Claims are not only made by the food and beverage companies but also several other .Moreover company’s strategy to use “health conscious” tag with the celebrities advertising for their product is a hit on the mark. Companies very well know that people relate themselves to one they admire and most of them are celebrities, whether it is Bipasha Basu advertising for a juice brand making people aware about the importance of healthy snacking or it is Shahrukh khan endorsing eco-friendly nerolac paints which claims to protect consumers from harmful fumes. The primary driver for the increase in these claims is the consumer perception of additives/preservatives being unsafe and toxic and the benefits for choosing healthily . One can definitely say that a season of healthy products has come around the corner. The scope for packed foods is huge. Companies are responding with healthier products. For example- Britannia decide to eliminate what is not healthy, it removed trans-fat from all their recipies and are doing justice to their tag “SWASTH KHAO,TAN MANN JAGAAO” . Health claims have increased consumers affinity with brittannia’s brand. It has seen a sales growth of 20% in the last five years. Besides, with government regulations getting stricter, even smaller players have to follow healthier norms. So while nestle started the MSC-free(mono sodium glutamate –free) claim on its noodles, today even smaller, more regional noodle brand carry this claim. But the question here arises – Do Indian consumers really read packs more closely today? Research indicates that consumers are studying product packs in greater detail today. Even I myself first read the ingredients of the most of the food products I buy. The internet and media coverage are expanding health awareness and knowledge. Dabur, which is consciously in the ‘healthy space’ switched to tetra pack technology for its juices ,doing away with the needs for preservatives .Fortification, its other plank, saw it launch juices with fibre and pomegranate juice last year.

Coca-cola India puts nutritional information on its packaging and where it is not possible, for example on recyclable glass bottles, this company provides the information via company websites. There is strong agreement that healthy claims in the category will rise significantly. In three-four years, we will get far more detailed on our foods packaging and will have more information and declaration laws on food and drinks across the world.

Thus we can say that Indian consumer turning increasingly savvy, companies are doing away with unhealthy ingredients and are fortifying their products with ‘HEALTH’.

By Richa Ralhan

Section 3
B.com.(hons.) Ist Year

Second Position

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Report on the event Smart Prep

The Commerce Department, Hans Raj College organized a SMART PREP session for the students on 6 November, 2012 to help them overcome their fear of examination. The session was highly satisfying for the students looking for answers to their queries and helped view their exams from a completely new perspective.

The participants of the Smart Prep class were guided by the skills, intellect and experience of the college top scorers. The speakers for the session were Aman Jain, Vasu Singhal, Saumya Aggrawal, Jagriti Kalra, Ishita Bansal and Ekansh. All of them from their hard work have left a mark in the academic records of college by attaining the top ranks in college examinations. Who better than them could have quenched the students thirst for answers to their queries.
The participants came with their queries about what books to consult for various subjects, how to go about preparing for the papers, how can one balance CA with B.com(h), what are the best places to take tuition for CA, when is the ideal time to start with preparation for CAT and many more.

All the questions were effectively answered by the speakers and the help provide the students with a clear and a fresh outlook to their study routine.

The students hailed the effort of the Commerce Department for organizing such an event because it gave them a chance to interact with their seniors and batch mates who excelled in academics and squeeze the best from them for their betterment.
The students attending the event returned enlightened and satisfied with a clearer view of the path they should tread on.


The feedback  received for the session were:
1."Very smart prep. Very satisfied with the event. All my fears are now out of my mind." - Deepanshu Khurana, II year.
2. "The session was very interesting. It has boosted my confidence level. I can now manage B.Com(H) and C.A easily. Please conduct this session regularly."- Srishti Saini, II year.


The event ended on a positive note fulfilling the aim for which it was organized, i.e., to help students come out of their dilemma and fear over examinations and hopefully this is what was achieved.

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Report on FDI seminar by Shaurya

Yet another learning experience, yet another interaction.

This time the commerce society came up with a seminar on the hot and raged topic, the one that's creating a buzz everywhere : " FDI in Retail ".

Seminars are not meant to derive out a reason or conclusion to any one topic, rather they help us talk and share views. This seminar too, helped to enrich the young.

Date : Oct 29, 2012

Time: 12.30 pm

Venue: Seminar Hall

The guest speaker for the day was Mrs. Archana Capoor, Former CMD, Tourism Finance Corporation of India Ltd., who was welcomed with honour by the HOD, Mr. N.K. Jain. She has over 23 years of experience in the field of banking, forex and treasury management. She did her MBA in Finance and Market Research.

Like a true professional, she threw light initially on the concept of Foreign Direct Investment, how it came into being, why it is essential in the present scenario and it's power of creating headlines every other day. Her powerpoint presentation summed up all her points of discussion with the utmost efficiency and enhanced her explanations. Interestingly, it was from right to left, reasoned for people to pay attention to their ears more than their eyes!

Mrs. Capoor also highlighted contemporary examples like the success of Dr. Lal Path Labs, Telecommunication Companies, McDonalds', the IGI Airport, Walmart, the automobile sector, Big Bazaar, Reliance Fresh, Easy Day, Nirulas, IKEA and many more..

Her idea of the FDI was about cross border dealings comprising of stocks and private funds. The evolution of FDI was divided into 3 phases which included the phase prior to 1980, the one between 1980 and 2000, and the one post 2000. In our speaker's opinion, the post independence period had a controlled economy, limited resources and limited scope. On the other hand, the modern business era is much more conducive to growth and globalization. Talking of the 80's tourism in China, she made us realise what a long way the world has come. Also, the contribution of Dr. Manmohan Singh brought about a huge change in the Indian Economy. The example of Coca Cola and Rs. 25 per SMS lightened up students' faces!

Coalition policies provided a stable government and direction to boost the major policies including FDI. The disinvestment policy also shifted ownership criteria towards the private sector. Comparisons among the 3 phases were also discussed. The recent policy for Multibrand Retail Trade, effective from Sept 20, 2012 was highlighted as well.

Every coin has 2 sides. The negatives were also correctly pointed out. India being a developing country, it's infrastructure is a major concern in the invent of the world famous retail stores. Mrs. Capoor made sure that each present took active interest in the topic. She also patiently mentioned the FDI process and ammendments to the policy. She elaborated why India is a favourable site for foreign investors. Adding her sense of humour, examination of relevant points made the curious brains give thought to her words.

A question answer round was carried out, where our guest cleared out doubts of the young would-be-graduates. The students showed enthusiasm and participated with the zeal to learn.

We thank her, whole heartedly for sharing her opinion, and imparting her wisdom with the Department of Commerce, Hans Raj College.

At the end of the day, it is the knowledge and networking that keeps a person well aware of his surroundings. Thanks to seminars, they help us meet professionals in the industry and communicate directly about the never ending generation of thoughts.

-Shaurya Gahlawat

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Report on Stock Guru by Pranay Saraf

Keeping in mind the primary objective of the all-round development of the commerce students of Hansraj college, the commerce society took another initiative to train and mould some of the future Warren Buffetts. "Stock guru", a highly awaited event which witnessed the participation of around 40 teams, was a resounding success.  "Anxiousness, excitement, Jealousy, Hunger to win, thrill and agitation" are words which hardly do justice to describe the real atmosphere of the competition.

Beginning with a simplified model of the stock market, the first phase of the competition was an attempt to filter the brightest from the bright. Basically, it was a competition which asked the participants to make the best possible use of their analytical skills. The goal was simple-profit maximization, the means weren't! Each round had a set of news headlines, on the basis of which participants made their decisions and the predetermined price model was the key mechanism. Even if it was relatively easy to pick if the market was bullish or bearish, it was a really tough task to pick the company with the maximum return. Each and every team were seen debating among themselves; putting all of their logic to best possible use.

Only twelve teams advanced to the final leg of the competition. The organizers took the competition to a whole new level by introducing the short selling concept and determining the price using the demand and supply concept. Participants were literally seen biting their nails off as adrenaline gushed through their veins. "Kingfisher, Airtel, Infosys, ITC, HUL, Maruti Suzuki, or some other company", the participants were caught in a complex dilemma.It was a fiercely fought competition but, at the end of the day, only 1 team could walk out with broad smiles on their face. What made the event an overwhelming success was the meticulous planning by the organizing body and the highly enthusiastic participation. It definitely wouldn't be over-optimistic to say that hansarians would win several accolades in the various fests and competitions to come, as far as mock stock is concerned.

The team which walked out with their fists punching the air, huge hugs and broad smiles on their face comprised of :-

1. Karan Setia

2. Pranay Saraf

The team which ended just a mile behind comprised of:-

1. Binny Pal Singh Bakshi

2. Mahvish hamid.

-Pranay Saraf

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A meeting with the VC

On September 1, 2012 a very insightful and interactive seminar was held between the Vice Chancellor,Delhi University and the students of the University . The seminar which took place in the University Stadium was held mainly to inform the students about the new policies and facilities provided to them as well as to gather knowledge regarding the problems dealt by the students and offer solutions to them. A handful of students from almost every college of the DU were present to represent their respective college. The seminar started with an introduction of the people presiding the event followed by an informatory speech by the VC in which he familiarised the students with the recent developments in the university policies which have been introduced to benefit the students. He started by announcing an exchange program for post grads with Australia. The VC further said that Free education, metro and DTC ride will be provided to Special case students. A University festival by the name of Antardhwani will be held each year where every college will have one stall. The best girls' soccer team will be sent to the best college in New Zealand to play with their team. One laptop and one LCD will be installed in every class of every college. The last date for submission of the examination form has been postponed to September 30,2012.  Students can take up innovation projects out of which a selected few will be funded by the University. Deans will be appointed for undergraduate courses as well. The result of the semester examinations will be announced within three weeks from the date of the last exam. The speech was followed by a question and answer round where students cited various problems dealt by them and lack of certain facilities such as inadequate hostel facilities and lack of braille libraries. To this, the VC responded that construction of hostels at various places in the South Campus is already taking place and braille libraries and audio books will soon be made available for visually impaired students. Through this seminar the students became aware of the efforts which the University authorities are making to provide their students with a better quality education and an all round development at DU. With this, the seminar ended on a very promising note.

-Rashi Sonal

 B.com(H)- IInd year

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Report on The Corporate Suave

To everyone's delight, the commerce society, Hans Raj College comes up with another innovation!
We are glad to inform, organise and host monthly events from now on.
The first being The Corporate Suave.

Sept 25, Tuesday
01.00pm

The first monthly event by the commerce society, led by the secretary- Arunima Chandel and the joint secretary- Ishita Bansal. The organising team comprised of 5 first year members. 40 students from the commerce department participated. The event consisted of 2 rounds : The Big Buzz, a written questionnaire of 15 mind striking questions, to check the general awareness, the business quotient and an idea of the surroundings we stay in and come across everyday. It tested how much attention we pay to little details that might appear insignificant, but actually take us a long way.

Few of the questions included were
1. The Brand Ambassador of WagonR
2. The successor of Warren Buffet
3. The mascot for 7Up
4. The closing points of Sensex the day before
5. The auditor of Satyam at the time of the crisis
and many more...

They were wittily designed and let people think their minds out.. 10 lucky students qualified for the second round : Step in the Shoe. The second round checked the confidence, sharpness and the ability to be corporate savvy. The student had 2 bowls to pick up names from. 1 consisted of the names of eminent personalities and the other of renowned corporate houses. The participant needed to step in the shoes of the personality and derive out a plan in accordance of the company allotted, in such a way that it benefits the both and is most feasible and suitable. The best plan and presentation were to be awarded the first and second prizes respectively.

The combinations that came out were very interesting and listened to.
The judge for this round was Ms. Sneha Suri, our convenor, who not only appreciated the talent and presentation, but also brought out key points; and Waras Singh, a society member.

WINNERS :
I. Ekansh Khatter ( year II)
II. Pranjal (Year I)

We congratulate the winners and participants, and hope for more successful events in the future.

-Shaurya Gahlawat

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Report on Freshers' 2012

DATE    :  Sept 6,2012

TIME     :  12.30 p.m.

VENUE  :  College Auditorium

The much awaited Freshers’ 2012 welcome ceremony is finally here! The venue was decorated flawlessly by the creative team headed by Ayushi Gupta. The beautiful rangoli captivated everyone’s attention.

We gladly invited all the bubbly and chirpy first year students to celebrate their admission into the institution of their dreams-the place where they will be spending the three most crucial years of their lives, the place where their crystal would but be moulded to fit into the Corporate world, the place which would decide their destiny.

The theme of the Freshers' was "WALK OF FAME" implying that the freshers would come dressed  as their favorite personality, their most adored celebrity. Our freshers came in full spirit, they were not just happy and excited, but were enthusiastic about complete participation in all the events scheduled for the day. 

The anchors for the afternoon Mehak and Kriti, did a commendable job. Aman Jain, President, Commerce Society, Hans Raj College opened the event by enlightening the juniors with his words of wisdom and instilled in them the spark to leave no stone unturned in the coming three years of their college life. His words received appreciation from one and all.

The function started on an auspicious note by lighting the lamp of learning. The honours were done by our Principal, Dr. V.K. Kawatra, our H.O.D, Mr. N.K. Jain, our Convenor, Ms. Sneha Suri, other teachers and our Vice President Eeti Agarwal.

Our Cultural team Head, Esha Agarwal invited Mr. N.K. Jain to share his wisdom. He insisted on being loving to one's family to be equally loving to one's country. The mention of  "Letter from a father to his son's teacher" by Abraham Lincoln in his speech was an icing on the cake. 

Later our Principal Dr. V.K. Kawatra enlightened us with his valuable teachings. He emphaized on travelling that extra mile to turn our dreams into reality.

Followed by the words of a true teacher, our performances included :

1. A "bharatnatyam" performance by Tina, II year student, appreciated by all. She beautifully kept us engrossed with her gestures.

2. An energetic dance by Nalini Kothari, Nivedita Swami, Shalini Lakhina, Megha Jhanwar, Arshi Aggarwal, Manisha Kano, Kamakshi Agarwal, Anamika Banga. The smart energetic girls seemed ready to rock the floor. The music was a medley of various songs that made the crowd even more interested. Their innovative formations left the audience awestruck.

3. Another energy driven performance by Archita, a fresher who's sizzling moves and belly dancing made the crowd applaud and cheer.

4. A tie knot game hosted by the anchors. Teams volunteered and competed to see who ties the maximum knots in a minute's time.

5. The music band, comprising of four versatile musicians- Tenzing Lagyal, Ajati, Izaz, Tempel with a great taste for guitar, sang "pichhle saat dino mein" and had everybody's hands in the air.

6. Another sensational performance by a group of girls comprising Simrita Arora, Akshi Gupta, Misha Kalra, Megha Bhola, Shubhneet, Akansha who even though were freshers, came in full spirit. The music was a blend of the old and the new and was replete with beats to enjoy.

7. A musical performance by the band WGC (When genres collide) who sang "U & I", "Roobaroo" and "whistle". They had the freshers totally occupied and everybody had a gala time.

8. An entertaining performance by Ishmeet on the song "ruk ja, o dil deewaane" from DDLJ. He came down to the crowd and guys and girls tapped the floor.

9. A bhangra performance by Waras made a spectacular contribution to the fun and fraulic of the show.

The theme of our freshers' seemed to have had been followed with a lot of dedication! From Deepika Padukone to Angela Jolie , from Anna Hazare To Mahatma Gandhi ,  from J.K Rowling To Virat Kohli , all had put in that extra effort to be a face in the crowd.

It not just gave us a chance to know the freshers better, but even helped them display their creativity. The first round of the Mr. & Miss Freshers' was a 30 seconds introduction round wherein they briefed the audience about themselves as well the character or celebrity they've impersonated.

Our esteemed judges for the contest were Ms.Sonal Gupta (Assistant Professor, Dept. of Commerce), Ms.Beauty Das (Assistant Professor, Dept. of Commerce ) and Arunima Chandel (Secretary, Commerce Society) did a commendable job in shortlisting 10 girls and boys for the final round of the Freshers'.

The final round was a dance round amazingly hosted by Sonika and Abu where all the shortlisted candidates participated with all enthusiasm.Our technical Team head Aashna Jain definety deserves a mention for the well coordination of the Sound Management.

The well deserved titles were given to the four best performers of the day:

Mr. FRESHER : Abhinav Khanna 

Ms FRESHER: Aanchal Arora 

Mr. BEST DRESSED : Gaurav Agrawal 

Ms. BEST DRESSED : Shaurya Gahlawat

The Food Management was handled in an effective manner by the Event Management Team headed by Raghav Bansal. The students were overwhelmed by the courtesy and affection with which team served Dominoz Pizza and the soft drink.

The much awaited freshers ended with a sweet vote of thanks.
The Commerce society wishes all the best to the first years for all their future endeavors. We hope that the next 3 years of the college life moulds them into personalities who are all set to ablaze the Corporate world.

Written by: Shaurya Gahlawat
Edited by: Eeti Agarwal

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